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Press Event,
updated12 November 2020Siemens AGMunich
Annual Press Conference 2020
Munich, 12 November 2020
Save the date2020-11-12 08:00:00Europe/Parisuse-titleSiemens Annual Press Conference 2020We will release our financial figures for the fourth quarter and fiscal year 2020 on November 12, 2020. The Press Conference and the Analyst Call will be broadcast live:
www.siemens.com/pressconference
Munich
We released our financial figures for the fourth quarter and fiscal year 2020 on November 12, 2020. The Press Conference and the Analyst Call were broadcast live.
Save the date2020-11-12 08:00:00Europe/Parisuse-titleAnnual Press Conference 2020
Orders of €60.0 billion and revenue of €57.1 billion, for a book-to-bill ratio of 1.05
These figures represent declines of 7% and 2%, respectively, compared to the prior year, on both a nominal and a comparable basis, excluding currency translation and portfolio effects
Adjusted EBITA Industrial Businesses of €7.6 billion, 3% below the prior-year level; Adjusted EBITA margin of 14.3% included a positive €0.8 billion effect from the stake in Bentley Systems, Inc., which contributed 1.5 percentage points to the margin, partly offset by severance charges of €0.5 billion which took 0.9 percentage points; results outside Industrial Businesses impacted by a €0.5 billion impairment of an equity investment
Net income declined to €4.2 billion, including a loss of €0.1 billion within discontinued operations compared to income from discontinued operations of €0.5 billion in the prior year, resulting in basic earnings per share (EPS) from net income of €5.00
Despite less favorable conditions for cash collection, Free cash flow rose clearly to €6.4 billion, reaching the highest level in the past decade
With the spin-off of the energy business, Siemens allocated 55.0% of its ownership interest in Siemens Energy AG to its shareholders, a further 9.9% were transferred to Siemens Pension-Trust e.V and the remaining 35.1% of shares are held by Siemens and reported within Reconciliation to Consolidated Financial Statements as Siemens Energy Investment
After the successful spin-off of Siemens Energy, Siemens proposes a dividend of €3.50 per share, consisting of €3.00 at the upper end of our targeted dividend payout ratio, supplemented by an additional €0.50
Munich
We released our financial figures for the fourth quarter and fiscal year 2020 on November 12, 2020. The Press Conference and the Analyst Call were broadcast live.
Roland Busch, Deputy CEO of Siemens AG, Joe Kaeser, President and CEO of Siemens AG, and Ralf P. Thomas, Chief Financial Officer of Siemens AG, at the virtual Annual Press Conference on November 12, 2020, at Siemens headquarters in Munich, Germany. (Left to right)
Joe Kaeser, President and CEO of Siemens AG, reviews fiscal 2020 at the virtual Annual Press Conference on November 12, 2020, at Siemens headquarters in Munich, Germany.
Ralf P. Thomas, Chief
Financial Officer of Siemens AG, comments on the business figures for fiscal
2020 at the virtual Annual Press Conference on November 12, 2020, at Siemens
headquarters in Munich, Germany.
Roland Busch, Deputy CEO of Siemens AG, during his remarks on the state of the company, at the virtual Annual Press Conference on November 12, 2020, at Siemens headquarters in Munich, Germany.
Due to the restrictions imposed on public events by the coronavirus crisis, the Annual Press Conference 2020 will be held in a virtual-only format at the Siemens Headquarters in Munich, Germany.
Due to the restrictions imposed on public events by the coronavirus crisis, the Annual Press Conference 2020 will be held in a virtual-only format at the Siemens Headquarters in Munich, Germany.
Joe Kaeser, President
and CEO of Siemens AG, reviews fiscal 2020 at the virtual Annual Press
Conference on November 12, 2020, at Siemens headquarters in Munich, Germany.
Roland Busch, Deputy
CEO of Siemens AG, during his remarks on the state of the company, at the
virtual Annual Press Conference on November 12, 2020, at Siemens headquarters
in Munich, Germany.
Due to the restrictions imposed on
public events by the coronavirus crisis, the Annual Press
Conference 2020 will be held in
a virtual-only format at the Siemens Headquarters in Munich, Germany.
Roland Busch (left), Deputy CEO of Siemens AG, and Joe Kaeser (right), President and CEO of Siemens AG, at the virtual Annual Press Conference on November 12, 2020, at Siemens headquarters in Munich, Germany.
Ralf P. Thomas, Chief Financial Officer of Siemens AG, comments on the business figures for fiscal 2020 at the virtual Annual Press Conference on November 12, 2020, at Siemens headquarters in Munich, Germany.
All set at the Headquarters for the
start of the Annual Press Conference of Siemens AG on November 12, 2020.